Growing Indonesia’s Economy while Reducing Losses from Climate Change

Growing Indonesia’s Economy while Reducing Losses from Climate Change

Published
Category
Author
Share

Our planet is facing triple planetary crises in the midst of COVID-19 pandemic and geopolitical instability. These crises hold back SDGs achievements around the world. The triple planetary crises are; climate change, pollution and biodiversity losses.

The life-threatening situation, climate change will affect 50-75% of global population at the end of this century. Pollution, especially air pollution kills more than 4.2 million people around the world; and biodiversity losses where more than 1 million species are now facing extinction.

These warnings were conveyed by Suharso Monoarfa, Minister for National Development Planning, Head of Indonesia’s National Planning Agency (Bappenas) on his opening remarks of SDGs Annual Conference (SAC) 2022: Leveraging Real Actions in Green Economy to Achieve SDGs, Thursday, 1 December 2022.

Putting in Indonesian context, Suharso said that climate change had already increased extreme hydrometeorological events in Indonesia between 2011 and 2021. “There were 5.402 disaster events in 2021 alone and 99% were hydrometeorological,” he said.

Bappenas has calculated the potential economic losses from climate change between 2020-2024 that could reach Rp 544 trillion if there are no further actions (business as usual) to mitigate and adapt to this climate crisis. “Indonesia could avoid Rp281.9 trillion potential economic losses in 2024 by adopting policy to increase climate resilience,” Suharso said.

According to Article 3.4 UNFCCC, integration of low carbon and climate resilient economic development has become the backbone of green economy implementation. Suharso mentioned that Indonesia has committed further by mixing the green economy concepts into its middle term development plan (RPJMN) 2020-2024.

Indonesia will gain abundant potential benefits by putting the green economy into work. Research by Bappenas has found that Indonesia could reduce 87-96 billion CO2eq emissions from 2021-2060 at the same time grow its GDP by 6.1-6.5% annually by implementing green economy.  “Indonesia will also create 1.8 million new green jobs by 2030 in energy sector and other sectors like electric vehicle, land restoration and waste,” Suharso said. All of these efforts implementing green economy according to Suharso will also beneficial in achieving SDGs in Indonesia.

Joko Widodo, President of Republic of Indonesia has strong message towards Indonesia’s SDGs by saying that Indonesia’s target in achieving SDGs should be met in 2030 despite COVID-19 pandemic. “Real actions in implementing SDGs and collaboration between stakeholders are needed to accelerate SDGs achievements,” said Jokowi.

@CRICProject

Related Posts

UCLG ASPAC, through the CRIC Project, engaged representatives from local governments, technical experts, and members of working groups from the 10 CRIC pilot cities to visit and learn from Banyumas’ community-driven and integrated waste management system, which serves as a model for decentralised climate action. Banyumas has made significant strides in solid waste management, in […]

The Climate Resilience and Innovation Forum (CRIF) 2025, in partnership with the Jakarta Special Capital Region and with support from the European Union brought together over 300 participants from across Asia and Europe to accelerate local climate action, the event marked the conclusion of the Climate Resilient and Inclusive Cities (CRIC) Project. Held in Jakarta, […]

Sustainable climate action in cities could be catalysed with the help of financing. Recognising this, the UCLG ASPAC-implemented Climate Resilient and Inclusive Cities (CRIC) Project held its fourth Panel of Experts was in Kochi, Kerala, India from 4-6th February 2025 at the Marriott Hotel.  Organised in collaboration with the All-India Institute of Local Self-Government (AIILSG) […]

The CRIC Thematic Panel of Experts, themed “Towards Inclusive and Resilient Cities: Ecosystem and Waste Management for a Sustainable Future,” convened in Nusa Dua, Bali, Indonesia from October 28 to 31, 2024. This second panel continued to serve as a platform for dialogue and partnership-building to empower CRIC pilot cities and other Asia-Pacific cities to […]